May: US tariff policy moderates
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In conversation with Gabriel Gascon, Head of Private Banking Geneva
Perspectives podcast
In the latest edition of Perspectives, we speak with Gabriel Gascon, Head of Private Banking Geneva.
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Stablecoin scepticism
Strategy Blog
President Trump’s “One Big Beautiful Bill” proposes ~$3tn in tax cuts and spending, plausibly one of the single biggest fiscal handouts in US history.
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Living on a prayer?
Strategy Blog
President Trump’s “One Big Beautiful Bill” proposes ~$3tn in tax cuts and spending, plausibly one of the single biggest fiscal handouts in US history.
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June: Middle East conflict intensifies
Monthly Market Summary
Global equities rose by 4.5% in June (USD terms), and global government bonds returned +0.8% (USD, hedged terms).
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Pork-barrel politics
Strategy Blog
President Trump’s “One Big Beautiful Bill” proposes ~$3tn in tax cuts and spending, plausibly one of the single biggest fiscal handouts in US history.
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Five observations from stock markets in 2025
Strategy Blog
Middle East tensions raise oil price risks, but markets remain calm. History shows geopolitical shocks don’t always trigger financial turmoil.